SB 2122 Illinois Senate · 94th Regular Session

INC TX-BUSINESS INCOME

Summary
Amends the Illinois Income Tax Act. With respect to the apportionment of business income for persons other than residents, provides that for tax years ending on or after December 31, 2005 the income shall be apportioned using the property factor, payroll factor, and sales factor. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Oct 2005
Committee Review
Floor Vote
Governor
Introduced Oct 5, 2005 Last action Jan 9, 2007
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
1
Jan 9, 2007
Senate · Failed
Session Sine Die
May 30, 2005
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Martin A. Sandoval
Martin A. Sandoval
DDemocratic
IL
11